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ECB Cuts Rates By 25 Bps As Expected On Improving Inflation Outlook

ECB Cuts Rates By 25 Bps As Expected On Improving Inflation Outlook

The European Central Bank lowered interest rates by a quarter basis point on Thursday, in line with expectations, citing an improvement in the inflation outlook. The Governing Council, led by ECB President Christine Lagarde, cut the main refinancing rate by 25 basis points to 4.25 percent.
RTTNews | 154 gün önce
U.S. Trade Deficit Widens Significantly In April

U.S. Trade Deficit Widens Significantly In April

With the value of imports jumping by much more than the value of exports, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened significantly in the month of April.
RTTNews | 154 gün önce
U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended June 1st.
RTTNews | 154 gün önce
Cytek Biosciences Board Approves Share Repurchase Of Up To $50 Mln

Cytek Biosciences Board Approves Share Repurchase Of Up To $50 Mln

Cell analysis solutions company Cytek Biosciences, Inc. (CTKB) announced Thursday that its Board of Directors has approved the repurchase of up to an aggregate of $50 million of its common stock, subject to compliance with applicable law.
RTTNews | 154 gün önce
Bay Street Seen Opening Higher

Bay Street Seen Opening Higher

Canadian shares are likely to open higher Thursday morning, tracking positive global cues and firm commodity prices. Optimism about monetary easing by several central banks in the foreseeable futures is likely to aid sentiment.
RTTNews | 154 gün önce
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AstroNova Q1 Profit Rises 39%

AstroNova Q1 Profit Rises 39%

AstroNova, Inc. (ALOT) reported Thursday that net income for the first quarter grew to $1.18 million or $0.15 per share from $0.85 million or $0.11 per share in the prior-year quarter.
RTTNews | 154 gün önce
German Manufacturing Orders Log Surprise Fall

German Manufacturing Orders Log Surprise Fall

Germany's factory orders posted an unexpected decline in April on sharp reduction in large-scale orders, data from Destatis showed on Thursday. Factory orders dropped 0.2 percent month-on-month in April, confounding expectations for an increase of 0.3 percent. Orders had declined over the last four months. Nonetheless, the latest pace of decline was slower than the revised 0.8 percent fall pos
RTTNews | 154 gün önce
Morgan Stanley Infrastructure Partners To Acquire 49% Stake In Onslow Iron Road Trust

Morgan Stanley Infrastructure Partners To Acquire 49% Stake In Onslow Iron Road Trust

Morgan Stanley Investment Management or MSIM, through investment funds managed by Morgan Stanley Infrastructure Partners or MSIP, a private infrastructure investment platform within MSIM, announced Thursday it has agreed to acquire a 49% stake in Onslow Iron Road Trust in partnership with Mineral Resources Ltd., which will continue to own a 51% stake.
RTTNews | 154 gün önce
Big Lots Guides Q2 Comp Sales - Update

Big Lots Guides Q2 Comp Sales - Update

While reporting financial results for the first quarter on Thursday, home discount retailer Big Lots, Inc. (BIG) provided comparable sales growth guidance for the second quarter.
RTTNews | 154 gün önce
FREYR Battery Names Tom Jensen To Succeed Birger Steen As CEO; Evan Calio Named CFO

FREYR Battery Names Tom Jensen To Succeed Birger Steen As CEO; Evan Calio Named CFO

FREYR Battery (FREY) announced Thursday the appointment of Co-Founder and current Chairperson of the Board of Directors Tom Jensen as Chief Executive Officer. Current Director Daniel Barcelo has been appointed the next Chair of the Board. Additionally, Evan Calio has been appointed as the Company's new CFO.
RTTNews | 154 gün önce

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